Trust Co. of Vermont raised its holdings in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 7.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 191,319 shares of the company’s stock after acquiring an additional 12,986 shares during the quarter. Procter & Gamble makes up about 1.3% of Trust Co. of Vermont’s investment portfolio, making the stock its 17th biggest position. Trust Co. of Vermont’s holdings in Procter & Gamble were worth $29,396,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in PG. Lantz Financial LLC raised its stake in Procter & Gamble by 1.2% during the 2nd quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock valued at $834,000 after purchasing an additional 64 shares during the period. Orca Investment Management LLC grew its holdings in Procter & Gamble by 2.0% during the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock valued at $516,000 after buying an additional 64 shares in the last quarter. Kondo Wealth Advisors Inc. raised its position in shares of Procter & Gamble by 5.2% during the first quarter. Kondo Wealth Advisors Inc. now owns 1,324 shares of the company’s stock valued at $226,000 after buying an additional 65 shares during the last quarter. Silver Oak Securities Incorporated boosted its position in shares of Procter & Gamble by 0.3% during the second quarter. Silver Oak Securities Incorporated now owns 22,118 shares of the company’s stock worth $3,524,000 after acquiring an additional 65 shares during the last quarter. Finally, Access Financial Services Inc. grew its stake in Procter & Gamble by 0.6% during the second quarter. Access Financial Services Inc. now owns 10,889 shares of the company’s stock valued at $1,735,000 after acquiring an additional 65 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have commented on the stock. Morgan Stanley set a $175.00 price target on shares of Procter & Gamble in a research note on Monday, October 27th. Barclays decreased their target price on Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a research report on Monday, December 8th. Dbs Bank upgraded Procter & Gamble to a “hold” rating in a report on Friday, December 5th. Raymond James Financial reduced their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, October 20th. Finally, BNP Paribas Exane lowered their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. Thirteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $171.38.
Procter & Gamble Trading Up 0.4%
Shares of NYSE PG opened at $143.20 on Wednesday. Procter & Gamble Company has a 1-year low of $138.14 and a 1-year high of $179.99. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. The business’s 50 day moving average is $147.10 and its two-hundred day moving average is $153.09. The stock has a market capitalization of $334.62 billion, a P/E ratio of 20.91, a PEG ratio of 4.81 and a beta of 0.39.
Procter & Gamble (NYSE:PG – Get Free Report) last announced its earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.
Procter & Gamble Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were given a dividend of $1.0568 per share. The ex-dividend date was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s payout ratio is 61.61%.
Insiders Place Their Bets
In other news, CEO Jennifer L. Davis sold 3,227 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $491,246.21. Following the completion of the sale, the chief executive officer owned 61,764 shares in the company, valued at approximately $9,402,333.72. This trade represents a 4.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Matthew W. Janzaruk sold 725 shares of the company’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $149.57, for a total transaction of $108,438.25. Following the transaction, the chief accounting officer owned 979 shares in the company, valued at $146,429.03. The trade was a 42.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 30,308 shares of company stock valued at $4,611,852. 0.20% of the stock is currently owned by company insiders.
Procter & Gamble Company Profile
Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.
P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.
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